Revvity Inc. (RVTY)

Debt-to-capital ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jul 5, 2020	Apr 5, 2020
Long-term debt	US$ in thousands	3,150,480	3,185,700	3,162,600	3,164,990	3,177,770	3,152,450	3,883,740	3,880,980	3,923,350	3,898,270	4,484,310	4,863,980	4,979,740	5,099,080	2,348,520	2,219,670	1,609,700	1,492,630	1,625,000	2,010,520
Total stockholders’ equity	US$ in thousands	7,666,870	7,921,700	7,870,310	7,846,500	7,872,740	7,694,280	7,869,960	8,033,810	7,382,880	7,065,200	7,167,160	7,186,340	7,141,240	6,958,580	4,239,810	4,002,300	3,735,490	3,231,680	2,967,460	2,759,750
Debt-to-capital ratio		0.29	0.29	0.29	0.29	0.29	0.29	0.33	0.33	0.35	0.36	0.38	0.40	0.41	0.42	0.36	0.36	0.30	0.32	0.35	0.42

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $3,150,480K ÷ ($3,150,480K + $7,666,870K)
= 0.29

The debt-to-capital ratio of Revvity Inc. has shown a consistent downward trend from 0.42 on April 5, 2020, to 0.29 as of December 31, 2024. This indicates that the company has been reducing its reliance on debt financing in relation to its overall capital structure over the years. The decrease in this ratio suggests that Revvity Inc. may have been improving its financial health by either paying down debt, increasing equity, or a combination of both. A lower debt-to-capital ratio can be seen as a positive sign for investors and creditors, as it highlights a lower level of financial risk and greater financial stability for the company.